Legal Opinion

Citizens State Bank v. O'Leary

Texas Supreme Court

Decided November 11, 1942No. 7939PublishedCited by 25 opinions

1Opinion of the CourtJustice Sharp

The principal question involved here is whether a certificate of a share in the Houston Pilots, a voluntary unincorporated association, may be pledged or mortgaged to secure a debt, and whether it may be the subject of a chattel mortgage so that the instrument, when recorded, constitutes constructive notice to a subsequent pledgee.

A bill of interpleader was filed by Charles O’Brien and twenty other individuals, naming as defendants the executors of the Estate of Captain Joseph G. Basquez, Sr., his six surviving children, Mrs. Hcnorine LeBlanc, the Citizens State Bank of Houston, and A. M.…

2Cases cited15 opinions

  1. Hoffman v. Magnolia Petroleum Co.Texas Commission of Appeals · 1925
  2. Lemar v. GarnerTexas Supreme Court · 1932
  3. G. H. & S. A. R. R. v. FreemanTexas Supreme Court · 1882
  4. Dittman v. Model Baking Co.Texas Commission of Appeals · 1925
  5. Reef v. Mills Novelty Co.Texas Supreme Court · 1936

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3Cited by25 opinions

  1. State Farm Fire & Casualty Co. v. GandyTexas Supreme Court · 1996
  2. William W. Steinhort and Mildred Steinhort v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1964
  3. Texas MacHinery & Equipment Co. v. Gordon Knox Oil & Exploration Co.Texas Supreme Court · 1969
  4. M. M. Landy, Inc. v. John Nicholas, as Receiver of Continental Charterers, Inc., BankruptCourt of Appeals for the Fifth Circuit · 1955
  5. Bay Ridge Utility District v. 4M Laundry, Texas Court of Appeals, 1st District (Houston)1986

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